$1,380,000 - 155 Dalhousie Street Unit 801, Cabbagetown
Condo for Sale in Cabbagetown
Popular ListingNeighbourhood: Church-Yonge Corridor
- MLS Number
- C13481312
- Property Type
- Condo
- Status
- active
- Days on Site
- 14
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
This loft is rare in every sense. An unforgettable space, in a building with endless amenities, just steps from the pulse of downtown Toronto. Welcome to The Merchandise Lofts. Few buildings in this city carry the presence of 155 Dalhousie. Originally built in 1910 as the Simpson's warehouse and converted into lofts in 2000, this is one of Toronto's largest and most storied hard loft conversions - a Chicago School landmark, heritage-designated, and utterly irreplaceable. The scale alone is something to behold. This coveted '01' corner plan is among the building's most sought-after. Two bedrooms, two baths, and an abundance of natural light pouring through walls of warehouse-scale windows. Twelve-foot exposed concrete ceilings, signature fluted mushroom columns, and a renovated kitchen that earns its place in the open plan. Thoughtfully updated and designed for real living - equally suited to quiet mornings or elevated entertaining. This is the floorplan people wait for. The amenities are, simply put, exceptional. A rooftop terrace with lap pool and barbecue terrace. An indoor basketball court, fully equipped gym, sauna, yoga studio, games room, party room, 24/7 concierge and rooftop dog run. A Metro supermarket on the ground floor. The building functions as a community unto itself - and that's before you step outside. When you do, the city is at your door. Steps to the Dundas subway, the Eaton Centre, TMU, restaurants, and green space. Transit score of 100. Walk score of 97. Getting anywhere is effortless. Staying home is even easier. Authentic. Iconic. Unmistakable.
Estimate your monthly payments for this property
Estimated Payment
$6,104.21/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Church-Yonge Corridor
Church-Yonge Corridor is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Church-Yonge Corridor
- •Convenient location in Regent Park / Cabbagetown / St. James Town
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Church-Yonge Corridor offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
155 Dalhousie Street Unit 801, Regent Park / Cabbagetown / St. James Town
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $863/sqft, this property is priced in line with current Cabbagetown market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
About Church-Yonge Corridor
I know Church-Yonge Corridor well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Cabbagetown properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.